Investors looking to diversify their portfolio may consider adding hardware industry stocks. These stocks have shown strong growth potential in recent years, due to the increasing demand for technology and IT products. Companies in the hardware industry produce items like computers, servers, and electronics, which are essential in today's digital age. With the rise of remote work and artificial intelligence, hardware industry stocks are expected to continue performing well in the market. However, it's important for investors to conduct thorough research and consider factors like industry trends and competition before investing in these stocks.
| Symbol | Exchange | Name | MCAP | Price | Change | PE Ratio | Yield |
|---|---|---|---|---|---|---|---|
| CAN | NASDAQ | Canaan Inc | 0.41B | 0.88 | 11.40 | 2.06 | 0.00 |
| WTO | NASDAQ | UTime Ltd | 0.21B | 1.17 | -0.85 | 0.00 | 0.00 |
| MVIS | NASDAQ | Microvision Inc | 0.39B | 1.30 | -6.48 | 0.00 | 0.00 |
| NNDM | NASDAQ | Nano Dimension Ltd | 0.38B | 1.74 | 3.58 | 0.00 | 0.00 |
| WRAP | NASDAQ | Wrap Technologies Inc | 0.11B | 2.14 | 1.91 | 0.00 | 0.00 |
| GPRO | NASDAQ | GoPro Inc | 0.35B | 2.17 | 5.10 | 11.45 | 0.00 |
| CRNT | NASDAQ | Ceragon Networks Ltd | 0.21B | 2.34 | -3.91 | 16.87 | 0.00 |
| VUZI | NASDAQ | Vuzix Corp | 0.19B | 2.37 | 6.28 | 0.00 | 0.00 |
| SATX | NYSE | SatixFy Communications Ltd | 0.25B | 2.89 | -0.35 | 0.00 | 0.00 |
| DDD | NYSE | 3D Systems Corp | 0.44B | 3.40 | 3.98 | 6.23 | 0.00 |
| KOPN | NASDAQ | Kopin Corp | 0.68B | 3.74 | -1.32 | 46.73 | 0.00 |
| KULR | NYSE | KULR Technology Group Inc | 0.18B | 4.13 | 1.98 | 0.00 | 0.00 |
| DM | NYSE | Desktop Metal Inc | 0.16B | 4.84 | 6.85 | 0.00 | 0.00 |
| LTRX | NASDAQ | Lantronix Inc | 0.20B | 5.04 | 0.40 | 21.93 | 0.00 |
| LPL | NYSE | LG Display Co, Ltd AMERICAN DEPOSITORY SHARES | 5.14B | 5.14 | 1.45 | 5.25 | 0.00 |
| CRCT | NASDAQ | Cricut Inc | 1.12B | 5.26 | 3.55 | 15.62 | 0.04 |
| NOK | NYSE | Nokia Corporation Sponsored American Depositary Shares | 30.02B | 5.58 | -2.28 | 34.20 | 0.02 |
| OSS | NASDAQ | One Stop Systems Inc | 0.14B | 5.62 | -5.23 | 60.24 | 0.00 |
| KVHI | NASDAQ | KVH Industries Inc | 0.11B | 5.79 | 2.94 | 270.54 | 0.00 |
| GAUZ | NASDAQ | Gauzy Ltd | 0.12B | 6.50 | 5.10 | 0.00 | 0.00 |
| INFN | NASDAQ | Infinera Corp | 1.58B | 6.62 | 0.08 | 0.00 | 0.00 |
| MEI | NYSE | Methode Electronics Inc | 0.25B | 7.03 | -1.27 | 14.95 | 0.07 |
| ONDS | NASDAQ | Ondas Holdings Inc | 2.47B | 7.06 | 4.75 | 0.00 | 0.00 |
| VOXX | NASDAQ | VOXX International Corp | 0.15B | 7.50 | 0.00 | 0.00 | 0.00 |
| CRSR | NASDAQ | Corsair Gaming Inc | 0.89B | 8.44 | -1.86 | 99.25 | 0.00 |
| LPTH | NASDAQ | LightPath Technologies Inc | 0.38B | 8.44 | -0.12 | 128.58 | 0.00 |
| ADTN | NASDAQ | Adtran Holdings Inc | 0.73B | 9.18 | 1.55 | 22.17 | 0.00 |
| ERIC | NASDAQ | Ericsson - American Depositary Shares each representing 1 underlying Class B share | 31.43B | 9.43 | -0.22 | 11.99 | 0.03 |
| AUDC | NASDAQ | AudioCodes Ltd. - Ordinary Shares | 0.28B | 9.77 | 1.35 | 19.67 | 0.04 |
| RELL | NASDAQ | Richardson Electronics Ltd | 0.14B | 9.82 | -1.80 | 1,082.00 | 0.02 |
| HLIT | NASDAQ | Harmonic Inc | 1.18B | 10.34 | 0.44 | 17.75 | 0.00 |
| SSYS | NASDAQ | Stratasys Ltd | 1.02B | 11.98 | -0.09 | 0.00 | 0.00 |
| GILT | NASDAQ | Gilat Satellite Networks Ltd | 0.87B | 13.57 | 1.46 | 36.28 | 0.00 |
| VIAV | NASDAQ | Viavi Solutions Inc | 3.11B | 13.95 | 1.46 | 93.00 | 0.00 |
| INSG | NASDAQ | Inseego Corp | 0.22B | 14.24 | -10.84 | 24.57 | 0.00 |
| RCAT | NASDAQ | Red Cat Holdings Inc | 1.75B | 14.79 | 1.44 | 1.30 | 0.00 |
| COMM | NASDAQ | CommScope Holding Co Inc | 3.50B | 15.81 | -0.32 | 59.15 | 0.00 |
| SONO | NASDAQ | Sonos Inc | 2.00B | 16.57 | -1.49 | 55.91 | 0.00 |
| EXTR | NASDAQ | Extreme Networks Inc | 2.74B | 20.50 | -0.87 | 21.19 | 0.00 |
| DAKT | NASDAQ | Daktronics Inc | 1.01B | 20.74 | -1.20 | 87.91 | 0.00 |
| QUBT | NASDAQ | Quantum Computing Inc | 4.75B | 21.23 | -2.53 | 0.00 | 0.00 |
| BKSY | NYSE | BlackSky Technology Inc | 0.77B | 21.71 | -13.85 | 0.00 | 0.00 |
| KN | NYSE | Knowles Corp | 1.97B | 23.16 | -1.87 | 58.93 | 0.00 |
| HPE | NYSE | Hewlett Packard Enterprise Co | 31.01B | 23.50 | 1.34 | 28.45 | 0.02 |
| AVNW | NASDAQ | Aviat Networks Inc | 0.30B | 23.75 | 2.80 | 240.30 | 0.00 |
| HPQ | NYSE | HP Inc | 25.85B | 27.66 | -0.62 | 10.15 | 0.04 |
| SONY | NYSE | Sony Group Corporation American Depositary Shares | 172.74B | 28.90 | 1.41 | 22.33 | 0.00 |
| TSAT | NASDAQ | Telesat Corporation - Class A Common Shares and Class B Variable Voting Shares | 0.46B | 31.19 | 1.04 | 7.62 | 0.00 |
| OUST | NYSE | Ouster Inc | 1.82B | 31.56 | 3.34 | 0.00 | 0.00 |
| ST | NYSE | Sensata Technologies Holding PLC | 4.60B | 31.60 | -2.56 | 42.13 | 0.02 |
| AAOI | NASDAQ | Applied Optoelectronics Inc | 2.01B | 32.22 | -3.54 | 0.00 | 0.00 |
| VSAT | NASDAQ | Viasat Inc | 4.38B | 32.62 | -8.17 | 262.36 | 0.00 |
| CLFD | NASDAQ | Clearfield Inc | 0.47B | 33.73 | -0.74 | 3,633.00 | 0.00 |
| NTGR | NASDAQ | Netgear Inc | 1.02B | 35.24 | -2.14 | 15.24 | 0.00 |
| VPG | NYSE | Vishay Precision Group Inc | 0.48B | 36.49 | -1.81 | 55.69 | 0.00 |
| JNPR | NYSE | Juniper Networks Inc | 12.31B | 36.82 | -0.22 | 0.00 | 0.00 |
| FEIM | NASDAQ | Frequency Electronics Inc | 0.36B | 37.29 | -4.16 | 16.14 | 0.00 |
| ITRN | NASDAQ | Ituran Location and Control Ltd | 0.75B | 37.76 | 0.38 | 13.79 | 0.05 |
| QBTS | NYSE | D-Wave Quantum Inc | 13.11B | 38.33 | -5.27 | 0.00 | 0.00 |
| RGTI | NASDAQ | Rigetti Computing Inc | 12.60B | 38.86 | -3.00 | 0.00 | 0.00 |
| DGII | NASDAQ | Digi International Inc | 1.45B | 39.15 | 1.46 | 33.60 | 0.00 |
| BHE | NYSE | Benchmark Electronics Inc | 1.46B | 40.70 | 1.75 | 40.66 | 0.02 |
| CTS | NYSE | CTS Corp | 1.22B | 41.28 | 0.15 | 20.11 | 0.00 |
| SCSC | NASDAQ | ScanSource Inc | 0.94B | 42.65 | 0.73 | 14.13 | 0.00 |
| VNT | NYSE | Vontier Corp | 6.32B | 43.06 | 0.39 | 16.36 | 0.00 |
| ALNT | NASDAQ | Allient Inc | 0.74B | 43.64 | -1.87 | 63.78 | 0.00 |
| FARO | NASDAQ | Faro Technologies Inc | 0.85B | 43.92 | -0.05 | 0.00 | 0.00 |
| ZEPP | NYSE | Zepp Health Corporation American Depositary Shares | 0.66B | 45.83 | -2.98 | 15.42 | 0.00 |
| CGNX | NASDAQ | Cognex Corp | 8.10B | 48.27 | 2.03 | 67.06 | 0.01 |
| FTV | NYSE | Fortive Corp | 16.74B | 49.47 | 0.00 | 22.28 | 0.01 |
| SMCI | NASDAQ | Super Micro Computer Inc | 29.57B | 49.76 | -5.23 | 30.70 | 0.00 |
| AVT | NASDAQ | Avnet Inc | 4.17B | 51.22 | -1.79 | 18.60 | 0.03 |
| MPTI | NYSE | M-Tron Industries Inc | 0.16B | 54.70 | -0.41 | 20.89 | 0.00 |
| TTMI | NASDAQ | TTM Technologies Inc | 5.99B | 57.95 | 1.39 | 66.18 | 0.00 |
| FLEX | NASDAQ | Flex Ltd | 22.60B | 60.43 | -3.04 | 28.48 | 0.00 |
| CNXN | NASDAQ | PC Connection Inc | 1.60B | 62.93 | 0.44 | 18.87 | 0.01 |
| MLAB | NASDAQ | Mesa Laboratories Inc | 0.38B | 69.06 | -3.63 | 436.61 | 0.01 |
| BKTI | NYSE | BK Technologies Corp | 0.26B | 70.55 | -8.70 | 23.53 | 0.00 |
| ASTS | NASDAQ | AST SpaceMobile Inc | 19.64B | 71.35 | -9.24 | 0.00 | 0.00 |
| CSCO | NASDAQ | Cisco Systems Inc | 282.30B | 71.41 | 1.10 | 28.00 | 0.02 |
| SATS | NASDAQ | EchoStar Corp | 21.29B | 74.00 | -3.27 | 3.36 | 0.00 |
| IONQ | NYSE | IonQ Inc | 26.64B | 76.67 | -1.08 | 0.00 | 0.00 |
| TRMB | NASDAQ | Trimble Inc | 19.14B | 80.41 | 1.66 | 69.33 | 0.00 |
| VICR | NASDAQ | Vicor Corp | 3.85B | 85.76 | 30.34 | 61.64 | 0.00 |
| ROG | NYSE | Rogers Corp | 1.58B | 87.06 | 2.90 | 53.52 | 0.00 |
| GLW | NYSE | Corning Inc | 74.77B | 87.29 | 0.26 | 95.07 | 0.01 |
| PSTG | NYSE | Pure Storage Inc | 29.96B | 91.15 | 0.18 | 232.85 | 0.00 |
| NOVT | NASDAQ | Novanta Inc | 3.80B | 105.70 | 0.34 | 77.69 | 0.00 |
| NSIT | NASDAQ | Insight Enterprises Inc | 3.43B | 109.08 | -0.25 | 25.65 | 0.00 |
| LOGI | NASDAQ | Logitech International S.A. - Registered Shares | 16.14B | 109.55 | -0.82 | 27.16 | 0.01 |
| COHR | NYSE | Coherent Corp | 17.33B | 110.41 | 0.96 | 39.05 | 0.00 |
| BDC | NYSE | Belden Inc | 4.65B | 117.44 | -0.71 | 21.35 | 0.00 |
| ARW | NYSE | Arrow Electronics Inc | 6.05B | 117.48 | 1.41 | 13.48 | 0.00 |
| NTAP | NASDAQ | NetApp Inc | 23.83B | 119.40 | -1.71 | 20.74 | 0.02 |
| ITRI | NASDAQ | Itron Inc | 5.79B | 126.54 | 0.48 | 23.27 | 0.00 |
| BELFA | NASDAQ | Bel Fuse Inc. - Class A Common Stock | 1.63B | 128.50 | 2.40 | 35.52 | 0.00 |
| WDC | NASDAQ | Western Digital Corp | 44.46B | 129.69 | 3.16 | 28.47 | 0.00 |
| SANM | NASDAQ | Sanmina Corp | 7.08B | 132.79 | 4.37 | 28.90 | 0.00 |
| CLMB | NASDAQ | Climb Global Solutions Inc | 0.63B | 133.60 | 2.31 | 27.09 | 0.01 |
| MKSI | NASDAQ | MKS Instruments Inc | 9.44B | 140.53 | -0.75 | 36.71 | 0.01 |
| PLXS | NASDAQ | Plexus Corp | 3.80B | 140.94 | -1.94 | 22.89 | 0.00 |
| OLED | NASDAQ | Universal Display Corp | 6.99B | 147.14 | 2.34 | 29.43 | 0.01 |
| DELL | NYSE | Dell Technologies Inc | 99.10B | 147.86 | -2.28 | 23.68 | 0.01 |
| BELFB | NASDAQ | Bel Fuse Inc | 1.89B | 148.88 | -1.26 | 39.77 | 0.00 |
| SNX | NYSE | TD Synnex Corp | 12.31B | 151.16 | -1.84 | 16.86 | 0.01 |
| ANET | NYSE | Arista Networks Inc | 194.70B | 154.91 | -2.11 | 61.49 | 0.00 |
| KEYS | NYSE | Keysight Technologies Inc | 28.83B | 167.77 | -1.01 | 53.26 | 0.00 |
| CIEN | NYSE | Ciena Corp | 23.72B | 168.16 | -1.54 | 186.27 | 0.00 |
| LITE | NASDAQ | Lumentum Holdings Inc | 13.66B | 192.60 | 7.42 | 523.78 | 0.00 |
| STX | NASDAQ | Seagate Technology Holdings PLC | 45.80B | 215.05 | 0.23 | 34.02 | 0.01 |
| ESE | NYSE | ESCO Technologies Inc | 5.71B | 221.25 | 0.99 | 51.70 | 0.00 |
| TEL | NYSE | TE Connectivity Ltd | 69.75B | 236.05 | 0.84 | 48.71 | 0.01 |
| GRMN | NYSE | Garmin Ltd | 45.50B | 236.36 | -0.04 | 31.04 | 0.01 |
| CLS | NYSE | Celestica, Inc. Common Stock | 27.35B | 237.79 | 1.05 | 49.08 | 0.00 |
| OSIS | NASDAQ | OSI Systems Inc | 4.28B | 251.86 | -0.89 | 29.16 | 0.00 |
| LFUS | NASDAQ | Littelfuse Inc | 6.31B | 254.49 | -2.32 | 63.22 | 0.01 |
| AAPL | NASDAQ | Apple Inc | 3.79T | 255.42 | 0.55 | 40.79 | 0.00 |
| ZBRA | NASDAQ | Zebra Technologies Corp | 15.33B | 301.45 | 2.78 | 29.33 | 0.00 |
| FN | NYSE | Fabrinet | 14.56B | 407.55 | -0.58 | 46.20 | 0.00 |
| MSI | NYSE | Motorola Solutions Inc | 76.66B | 460.13 | 0.55 | 35.72 | 0.01 |
| TDY | NYSE | Teledyne Technologies Inc | 26.57B | 566.00 | 0.37 | 30.62 | 0.00 |
| UI | NYSE | Ubiquiti Inc | 40.07B | 662.37 | -2.28 | 63.31 | 0.00 |
The hardware industry is an ever-evolving sector that encompasses companies that design, manufacture, and sell hardware products. These products can range from computer systems and components to smartphones, appliances, and more. Investing in hardware industry stocks can be a great way to diversify your investment portfolio and potentially see significant gains in the long run.
1. Industry Trends: Stay informed about the latest trends in the hardware industry to identify potential investment opportunities.
2. Company Performance: Research the financial health and performance of the companies you are interested in investing in.
3. Market Conditions: Consider how market conditions may impact the hardware industry and the stocks of companies within it.
4. Competition: Evaluate the competition within the hardware industry and how it may affect the companies you are considering investing in.
1. Potential for Growth: The hardware industry is constantly evolving, which can create opportunities for companies to expand and grow.
2. Diversification: Investing in hardware industry stocks can help diversify your investment portfolio and reduce risk.
3. Innovation: Hardware companies are often at the forefront of technological innovation, which can lead to significant returns for investors.
4. High Demand: With the increasing reliance on technology in our everyday lives, there is a constant demand for hardware products.
Investing in hardware industry stocks can be a lucrative venture for those willing to do their research and stay informed about industry trends. By carefully evaluating companies and market conditions, investors can potentially see significant returns on their investments. Keep in mind the key considerations mentioned above before diving into the world of hardware industry stocks.
Q: What are some well-known companies in the hardware industry?
A: Some well-known companies in the hardware industry include Apple, Intel, Samsung, and HP.
Q: How can I stay informed about industry trends in the hardware sector?
A: You can stay informed by reading news articles, following industry publications, and subscribing to newsletters and updates from hardware companies.
Q: Is investing in hardware industry stocks risky?
A: Like any investment, there are risks associated with investing in hardware industry stocks. It is important to do your research and assess the potential risks before making any investment decisions.